Harwood Capital LLP has disclosed its ownership and control of interests in Benchmark Holdings Plc, as per the Rule 8.3 of the Takeover Code. The disclosure includes the full name of the discloser, Harwood Capital LLP, and the owner or controller of interests and short positions disclosed, which is The Harwood Capital Management Limited ("HCM") group. The group manages Oryx International Growth Fund Limited, Harwood Private Clients, and is the investment advisor to North Atlantic Smaller Companies Investment Trust PLC.
The disclosure also includes the date position held/dealing undertaken, which is 23 January 2024. Harwood Capital LLP has disclosed that it owns 29,260,000 1p Ordinary Shares in Benchmark Holdings Plc, representing 3.95752% of the total shares. The disclosure also mentions that there are no cash-settled derivatives and provides details of any open stock-settled derivative positions.
The form also includes information about any rights to subscribe for new securities, dealings (if any) by the person making the disclosure, other information such as indemnity and other dealing arrangements, agreements, arrangements or understandings relating to options or derivatives, and attachments.
The disclosure provides comprehensive information about Harwood Capital LLP's ownership and control of interests in Benchmark Holdings Plc, as per the regulatory requirements of the Takeover Code. It includes details of the number of shares owned, the percentage of ownership, and other relevant information as per the disclosure rules.
The disclosure is in compliance with the regulatory requirements of the Takeover Code and provides transparency about Harwood Capital LLP's interests in Benchmark Holdings Plc. It is an important step in ensuring transparency and compliance with the regulatory framework governing ownership and control of interests in relevant securities.